High-profile site may add riverwalk
A high-profile site near the mouth of the Miami River downtown may finally be opened to the public as part of an extended riverwalk. The additional riverwalk would be temporary, for perhaps one year, while the property’s new owner lines up permits and other approvals needed to build a luxury…
Wynwood to fund workforce housing
Of all the legislative changes made this year designed to encourage the continued evolution of the Wynwood Arts District, one item remained in limbo for months. After fine-tuning and tweaking and re-tweaking, Miami city commissioners in December finally adopted an ordinance creating a new public…
Aloft at Aventura ParkSquare scores $37M construction loan
Norwich Partners has closed on $37 million in construction financing for an Aloft hotel at Aventura ParkSquare, a mixed-use project that’s being developed by Integra Investments. Integra sold the roughly 1-acre development site for the hotel to Norwich…
County flyspecks lease for big film studio
“There’s no news, which is probably good news,” on negotiations for a mammoth studio complex comprising 11 sound stages and 4 million cubic feet of water in 10 giant tanks, said Rodolfo Paiz, a principal of Miami Ocean Studios LLC. His company is in lease negotiations for 160 acres…
Questions fly on new I-395 bridge
Design-build contracts for a long-awaited “signature bridge,” part of an upgrade of I-395 from west of I-95 to the MacArthur Causeway, will be advertised next year. But Metropolitan Planning Organization members are already discussing specific challenges, as well as whether the project…
Brickell condo development may slow
Riding a five-year trend of high absorption levels, developers planned another robust year of new construction in Brickell’s hot condo market. But early signs suggest 2016 might be different. The market took delivery of well over 1,000 units in 2015, and about three times that many sit on the…
Former Owner Of Plantation Fashion Mall Sues Law Firm Over Failed Redevelopment
The suit alleges Becker & Poliakoff filed a document with a forged signature that gave the minority partner control of the project.
Real Estate Firms Face Legal Challenges Over Websites
Law firms are using the Americans with Disabilities Act to go after Realtors, alleging websites are inaccessible.
Coconut Grove Retail Property Fetches $801 PSF
The price more than doubled in value in three years.
Aventura Office Property Fetches $105 Million
Bob Dockerty of Dockerty Romer & Co. and HFF arranged the sale.
Brickell Office Condo Suite Sells For $1.6 Million
Jonathan C. Lay and Antonio Puente, CCIM of Fairchild Partners negotiated the sale.
Aventura Corporate Center Sold for $105.3M
Renaissance Properties acquired the Aventura Corporate Center at 20801-20807 Biscayne Blvd. in Aventura, FL for $105.28 million from Groupe Pacific. The corporate park consists of one six-story and two five-story office buildings totaling 252,244 square feet of 4-Star office space in addition to…
SBE Entertainment to Acquire Boutique Hotel Owner Operator Morgans Hotel Group
Morgans Hotel Group, the owner of the trendy Delano Hotel in South Beach, the Hudson Hotel in New York City and the Clift Hotel in San Francisco which has put itself or its hotels up for sale multiple times in the past five years, has found a buyer in Sam Nazarian’s SBE Entertainment. SBE agreed…
ALDI to Open 22,000-SF Store at 167th Street Shopping Center
Aldi signed a 21,500-square-foot lease at the 167th Street Shopping Center located at 705-761 NE 167th St. in Miami, FL. The national grocer is expected to open its doors by June. The 57,168-square-foot shopping center was built in 1956 in the Northeast Dade submarket, minutes from Golden Glades…
Jean Nouvel’s ‘Flood-Resilient’ Monad Terrace Releases New Rendering
‘The Reflection Machine’ Renowned architect Jean Nouvel appears poised to change the game for development in South Florida with Monad Terrace in Miami Beach offering a “flood-resilient” vision, as Curbed’s Alexei Barrionuevo first reported in February. Nouvel has dubbed his giant infinity pool…
Miami Gets Robbed, Ranks 7th Among Nation’s Best Boat Cities
In a somewhat mild surprise Miami didn’t rank among the top few major U.S. cities to own a boat, coming in at a respectable but sub-elite No. 7 in a study by Smart Assist: 7. Miami, Florida. When it comes to ritzy boat culture, it is hard to top Miami. There are of…